SJRES 9

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts".

Summary

This joint resolution nullifies the final guidance issued by the Commodity Futures Trading Commission (CFTC) titled Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts and published on October 15, 2024. The guidance provides factors for designated contract markets (i.e., CFTC-regulated derivatives exchanges) to consider when listing voluntary carbon credit derivative contracts, including characteristics of transparency and permanence. 

Bill status

Status
In committee
Sponsor
Sen. John Kennedy [R-LA]
Cosponsors
1
Policy area
Finance and Financial Sector
Introduced
2025-01-30
Latest action
2025-01-30: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Committee referrals

Recent actions

  • 2025-01-30: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
  • 2025-01-30: Introduced in Senate